This GLOMACS Contract Management training seminar has been specifically designed to develop the competency of contract management personnel in all sectors and industries by equipping them with the knowledge, skills and understanding to achieve contract management excellence in their field.

On this training seminar, you will learn about contract management techniques and principles to identify contract and project risks, solve contractual issues and problems, communicate effectively with stakeholders and other departments and develop your contract management skills. This training seminar is essential development for all contract management professionals or those individuals involving in any contractual scenario.

This training seminar will feature:

• Understanding the Importance of Contract Management
• Analyzing Contractual Risks and Problems and Providing Effective Solutions
• Controlling Contract Management Negotiations
• Classifying Contract Types
• Methods in Achieving Optimal Contract Management
• Developing Contracts

By the end of this training course, participants will be able to:

• Understand the important role and responsibilities of a contract professional
• Determine effective problem solving of complex contractual scenarios
• Risk identification and analysis of the contract
• Apply effective contract management techniques to improve contract performance
• Examine the optimal choice of contract structure

This Contract Management training seminar will utilise a variety of proven highly interactive adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes facilitated group and individual exercises, case studies and role-play. The instructor will also facilitate learning by encouraging the delegates to test and critically appraise any theories and concepts on the training seminar.

This training programme is suitable to a wide range of professionals but will greatly benefit the following individuals:

• Contract Professionals
• Contract Administrators
• Projects & Process Engineers / Managers
• Contract Engineers

DAY 1

Understanding Contract Management Principles

• Contract Formation
• Identifying Contractual Risk
• Assessing Contractual Risk
• Contract Risk Responses
• General Terms and Conditions

DAY 2

Drafting Contracts

• Traditional Contract Structures
• Collaboration
• Innovative Contract Structures
• Structuring Payments
• Contract Workshop

DAY 3

Mastering Contracts Management Principles

• Assessing Liability Issues
• Understanding Force Majeure
• Examining the Effect of variations on Time
• Examining the Effect of variations on Cost  
• Exploring Liquidated Damages

DAY 4

Contract Management in Action

• Mastering resolving Contract Issues
• Understanding the Contract Position
• Dealing with the Practical Consequences
• Learning How to become an Effective Contract Negotiator
• Exploring How to Deal with Difficult Contract Situations

DAY 5

Dealing with Contractual Disputes

• How Disputes can arise?
• Understand the Effects of Termination
• Exploring How to Deal with Disputes
• Traditional Dispute Resolution
• Modern Dispute Resolution

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

In Association With

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

P.O. Box 74653, Dubai, United Arab Emirates
Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.ae